Poundland unable to buy new stock as fears over collapse grow
The discount chain is on the brink of collapse with one insider describing it as "running on fumes". It has until Thursday to secure a rescue deal. About £50m has been frozen by its American owner Gordon Brothers, the…
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Met chief urges Premier League teams to pay for cost of policing football
The latest City Hall stats put a £12.3m cost on policing football matches between August and December last year, with the previous two seasons , between the summers of 2023 and 2025, each seeing around 40,000 officers…
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Shrewsbury Town: Premier League legend Friedel part of successful takeover
Biscayne is controlled by US investor Scott Davidson, who has overseen the Spartans’ rise from the Lowland League to Scottish League Two since taking over in 2021. Spartans chairman Craig Graham and director Will Dotson…
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Shelton set to ditch On weeks after Swiss brand signs Mbappe
The American tennis player will reportedly leave the organisation – which counts Roger Federer among its investment group – for New Balance, according to Hard Court , which also touted the move during this year’s US…
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HMRC ‘flying blind’ on over 1.2m tax demands after failing to track error rates
The tax authority issued 1,254,201 individual PA302 simple assessment tax calculations in the 2024/25 tax year, according to figures obtained by City AM via a Freedom of Information request. PA302 forms are sent to…
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Whitbread shareholders reject activist investor’s push for board seat
The FTSE 100 hospitality firm hailed the “decisive” victory and said it would now ramp up efforts to deliver on its turnaround plan, which saw the group sell off all of its restaurants as it seeks to return £2bn to…
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Nvidia shares plunge as Huang affair threatens AI recovery
Shares in the AI giant fell 8.04 per cent to $171.64 in early trading, wiping billions from its market value as investors reacted to Nvidia’s announcement of an independent investigation into reports that Huang had been…
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Tottenham Hotspur ownership twist as bidder fights bankruptcy claim
The group, fronted by American Brooklyn Earick and backed by Hong Kong financier Wing Fai Ng and Taiwanese billionaire Joseph Tsai, announced an agreement in June to acquire most of Levy’s shares in Spurs’ parent company…
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EU sues IBM and two European firms over troubled entry/exit border system
The bloc's IT agency, EU-Lisa, filed a case last year against IBM, the French IT company Atos and Italian defence contractor Leonardo, the three members of a consortium to implement and maintain the EU's entry/exit…
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Aldermore owner mulls splitting group as Investec circles banking unit
The process has been narrowed down to its last few bidders, who are seeking to buy either parts or the entirety of the bank. The companies still in the running include Lloyds, Investec and a joint-bid from private equity…
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